Net sales divided by Average accounts receivable, net is the:
A. Average accounts receivable ratio.
B. Current ratio.
C. Accounts receivable turnover ratio.
D. Days' sales uncollected.
E. Profit margin.
Answer: C
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Indicate whether the statement is true or false
Interdependence requires careful ____________ all along the value chain.
Fill in the blank(s) with the appropriate word(s).
When the salesperson for Cloud Nine walked into the office of the department store buyer, she laid a sample of the company's newest line of hand-blown glass candleholders in front of the buyer and said nothing as she waited for the buyer to comment on the candleholder. The Cloud Nine salesperson has used the ________ approach.
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